Wall Street posted a second consecutive session of narrow oscillations, with indices once again closing without direction.

Optimists will note that the VIX eased further, dropping -1.8% to below the psychological threshold of 13, as it approached the "complacency" zone.

It should be noted that the Dow Jones recorded its 6th consecutive session of gains: it gained 0.44% (to 39,056 points), bringing it to within 2% of its March 8 all-time high.

It overcame part of its handicap against the S&P 500 (unchanged on Wednesday evening at less than 5,188 points) and the Nasdaq Composite (-0.18% to 16,303), which the previous day had come to within 1% of their all-time highs set at the end of March or April 11 for the Nasdaq.

The Nasdaq suffered from a -5.7% plunge by Uber Technologies, which reported an unexpected quarterly loss and disappointing business forecasts.

Other decliners weighed in, such as Align Techno (-4.5%) and Electronic Arts (-3.9%), and the crumbling of the $1,000 bn capi club was the order of the day: Nvidia, Amazon and Alphabet ended in the red.

Among the day's negative factors was the rise in the yield on US Treasuries, with +3.5 basis points on the '10-year' to 4.495% and +1.5 basis points on the '2-year' to 4.843%, and the parallel rise in the price of 'WTI' by +1.3% on the NYMEX.

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